Experts Probe Multifamily Challenges

LOS ANGELES-Experts on the local, regional and national apartment markets will zero in on the industry’s outlook and offer their assessments of the current challenges as well as market opportunities in an all-day conference and networking event on Thursday, Oct. 21 at Apartments 2010, an annual event in the RealShare series. The annual gathering of apartment investors, owners, brokers, lenders and others involved in the multifamily market is scheduled for 8 a.m. to 5 p.m. at the Westin Bonaventure Hotel Hotel at 404 S. Figueroa St. in Downtown Los Angeles.

According to Daniel Ceniceros, vice president of strategic development for ALM’s Real Estate Media Group RealShare Conferences, the event attendance grows each year, with an expected 1200 to 1500 industry leaders already anticipated to attend. “Our growth is attributed to the fact that we are in a market where transactions are scare and the multifamily industry has weather the storm,” he says. “In real estate, multifamily is the only asset class that has continued to have lending capital. Now the banks, life companies and other financial sources have joined the GSEs to make the apartment lending world competitive.”